1.3 Classification of business

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Last updated 3:20 PM on 5/3/26

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Primary sector

Extracting raw materials from the earth

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Examples of primary

Agriculture, fishing, forestry, mining

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Secondary sector

Converting raw materials into finished/semi finished goods

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Examples of secondary

Metal working, car production, textile production, food processing

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Tertiary sector

Services

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Examples of tertiary

Financial, household, leisure, transport, professional services